Europe
Europe-bound diesel, jet fuel cargoes divert from Red Sea
At least four tankers transporting diesel and jet fuel from the Middle East and India to Europe are taking the longer route around Africa to avoid the Red Sea, ship tracking data show.
Workers threaten 2-d strike at Neste oil refinery in Finland
Finland's Industrial Union said it planned two days of labor strike action at Neste's Porvoo oil refinery, likely shutting the plant's production unless the government agrees to change its proposed labor market reforms.
Foreign shareholders freeze participation in Russia's Arctic LNG 2
Foreign shareholders are suspending participation in the Arctic LNG 2 Russian liquefied natural gas (LNG) plant project due to sanctions.
Russian railway gasoline exports more than doubled in December
Russia more than doubled railway exports of gasoline in the first 17 days of December from the same period in November on lifted fuel embargo and rising production, while domestic demand is seasonally falling.
EU to investigate Chinese biodiesel dumping allegation
The European Union said it would begin an anti-dumping investigation into biodiesel imports from China, which the bloc's industry says has slashed domestic production.
Technip Energies to support Dow's net-zero ethylene cracker in Canada with technology and services
Technip Energies has been selected to provide Proprietary Technology, Engineering, and Procurement services for Dow’s net-zero Scope 1 and 2 emissions integrated ethylene cracker in Fort Saskatchewan, Alberta, Canada
Nextchem awarded licensing, process design and catalyst supply for biodegradable plastics intermediates in China
Maire announces that Nextchem, through its biodegradable plastics technology licensor CONSER, has been awarded technology licensing and catalyst supply by a prominent client, as part of a larger project located in Northwestern China.
Norsk e-Fuel enlists Paul Wurth for FEED study on first e-fuel plant with Axens Technologies
Norsk e-Fuel selects SMS group subsidiary Paul Wurth to engineer and design one of the worldwide first industrial sized e-Fuel production sites in Mosjøen, Norway.
Neste's Finnish crude oil refinery will gradually become a hub for renewable and circular solutions
Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.
Slovakia wins EU OK on Russian oil-based products sales to Czech Republic
The European Union has granted Slovakia a one-year extension on exporting fuels produced from Russian oil to the Czech Republic.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
